Alma Community Art Center Inc
- Assets
- $18.1k
- Revenue
- $17.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Alma, MI
- Founding
- 07/2014
- Data as of
- 12/2016
- EIN
- 45-5430420
Organization Overview
Alma Community Art Center Inc is located in Alma, MI. The organization was established in 2014. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alma Community Art Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2016, Alma Community Art Center Inc generated $17.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $7.7k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (33.8%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Haffey Board Member | 1 | $0 | |
Dave Mcmacken Secretary | 1 | $0 | |
Joanne Gilbert Board Member | 1 | $0 | |
Diana Kushion Treasurer | 1 | $0 | |
Kirsten Keeton Vice Preside | 1 | $0 | |
Dottie Wassenaar Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,750 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $15,515 |
| Total Revenue | $17,265 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $125 |
| Other expenses | $7,592 |
| Total operating and administrative expenses | $7,717 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $7,717 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,851 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $210 |
| Total assets | $18,061 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alma Community Art Center Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Gratiot County Community Foundation Ithaca, MI PURPOSE: RENOVATIONS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Flint Institute Of Arts Flint, MI | $64,606,144 | $9,980,420 |
Blue Lake Fine Arts Camp Twin Lake, MI | $13,832,939 | $7,779,561 |
Indianapolis Art Center Inc Indianapolis, IN | $17,635,206 | $3,948,601 |
Graham Gund Gallery Gambier, OH | $8,250,705 | $4,357,194 |
Oxbow Saugatuck, MI | $6,747,769 | $2,600,895 |
Art Opportunities Inc Cincinnati, OH | $2,054,110 | $2,614,332 |
Indiana State School Music Association Inc Indianapolis, IN | $1,923,240 | $2,914,497 |
Wisconsin Foundaton For Educational Administration Inc Madison, WI | $1,928,269 | $1,830,497 |
Sandusky Artisans Cooperative Sandusky, OH | $1,372,352 | $1,709,414 |
Peggy R Mcconnell Worthington Center For The Arts Worthington, OH | $1,784,443 | $1,123,568 |
Anthroposophical Society In America Ann Arbor, MI | $2,697,785 | $1,103,549 |
Thomas R Schiff Foundation Cincinnati, OH | $2,111,481 | $2,381,769 |